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Estonia: RMK profit dropped by half in first half year

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Published in issue 34/2015
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A drop in roundwood prices has led to a 50% deterioration in operating profit for the Estonian state forestry authority RMK, Tallinn, in the first half of 2015 by comparison with the same period last year. The figure was reduced to €4.5m (Jan.-June 2014: 9.1m). Turnover increased slightly to €75.3m (74.8m). In the ...

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